Guideline Value

Corporate

Guideline Value for SRI KAMACHI GARDEN PHASE - II

₹3300/sq.ft.

The guideline value for Sri Kamachi Garden Phase - Ii in Thandalam village (Pammal SRO, Chengalpattu zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thandalam

Village

Pammal

SRO

Residential Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Kamachi Garden Phase - Ii

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Sri Kamachi Garden Phase - II guideline value

The current guideline value of Sri Kamachi Garden Phase - II is Rs 3,300 per sq.ft, effective from 1 July 2024. This area is located in Thandalam village and falls under the Pammal SRO. The land classification for this street is Residential Special Type - V.

How the guideline value of Sri Kamachi Garden Phase - II has changed

Over the years, the guideline value for Sri Kamachi Garden Phase - II has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 3,300 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 3,000 per sq.ft. The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2017.

Prior to the 2024 revision, the last recorded value was Rs 3,000 per sq.ft in 2023. The increase from 2023 to 2024 reflects a significant adjustment in the guideline value, aligning it with current market conditions.

Guideline values in Thandalam

In Thandalam, there are 56 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,210 per sq.ft, placing Sri Kamachi Garden Phase - II above this median.

Stamp duty and registration fee for property in Sri Kamachi Garden Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Kamachi Garden Phase - II?

The Sub Registrar Office that covers Sri Kamachi Garden Phase - II is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thandalam

The guideline value plays a crucial role in the registration process when buying or selling property in Thandalam. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of registration.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Kamachi Garden Phase - II?

The current guideline value of Sri Kamachi Garden Phase - II is Rs 3,300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024, marking a 10% increase.

What are the other streets in Thandalam and their guideline values?

Other streets in Thandalam include Sri Ganesh Nagar at Rs 880 per sq.ft, Sri Dhanalakshmi Nagar at Rs 1,210 per sq.ft, and Sri Kamatchi Gardens at Rs 3,300 per sq.ft, among others.

What is the registration fee for property in Sri Kamachi Garden Phase - II?

The registration fee for property in Sri Kamachi Garden Phase - II is calculated based on the guideline value. For example, for a property valued at Rs 33,00,000, the registration fee would be Rs 66,000 at 2%.

Where can I find the Sub Registrar Office for Sri Kamachi Garden Phase - II?

The Sub Registrar Office for Sri Kamachi Garden Phase - II is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.